Final Thoughts

Final Thoughts
Written by John Packard
May 2, 2014
We will begin our beginning of May steel market survey early on Monday morning and will keep it open until Thursday afternoon of this week. If you receive an invitation, please take a moment to click on the link which will take you to SurveyMonkey.com which hosts our questionnaire. Those who participate in our survey will receive a link to a Power Point presentation which analyzes the results from this week and does a historical comparison where appropriate.
A reminder that I will be in Dearborn, Michigan the first three days of this week as we conduct our next Steel 101: Introduction to Steelmaking & Market Fundamentals workshop. As mentioned previously we hope to conduct two more Steel 101 workshops this year. We are excited as we have added at least one new mill to our mix (and we hope two).
We have begun taking reservations for our Managing Price Risk II: Strategies & Execution workshop which will be held on June 24 & 25, 2014 in Chicago at one of the CME Group buildings at 20 South Wacker Drive.
Just a note that we published a Premium Level supplement newsletter on Friday and our Monthly issue was published over the weekend. If any of our members would like to see a copy of our Monthly issue (it makes a great present for the CEO or CFO who don’t have the time to read all of our Executive issues) please send us a note and we will forward you the one we just published: info@SteelMarketUpdate.com
As always we want to thank you for your business which is truly appreciated by all of us here at Steel Market Update.
John Packard, Publisher

John Packard
Read more from John PackardLatest in Final Thoughts

Final Thoughts
Nearly 50% of respondents to our latest survey thought hot-rolled coil prices have already peaked. And where will those prices be two months from now? Responses were decidedly split on that question.

Final Thoughts
A modest week-to-week change in HR price understates a huge swing in expectations.

Final Thoughts
What happens when ChatGPT meets SMU's Market Chatter? No, this is not an idea for the latest Hollywood blockbuster. Then again, with what Hollywood is putting out these days, Chatter Meets Chat might just turn out to be a hit. Rather, it’s that old idea of putting theory into practice. Recently, I conducted an interview with Doug Schrock, managing principal of AI at public accounting and consulting firm Crowe. He gave some tips on how to implement AI into your business.

Final Thoughts
The Trump tariff drama continues.

Final Thoughts
Let’s just say the impact of the latest tariffs on the domestic steel market is uncertain at best.